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NCLONuveen AA-BBB CLO ETF

Get income1y track recordRanked #611 of 1,650 in this goal

Seeks total return, primarily through current income.

By Nuveen · Launched 2024

Annual Cost

0.26%

#1,214 of 5,861 · low cost

Fund Size

$140M

#2,679 of 5,861 · mid-size

Dividend YieldGoal

5.77%

Track Record

1 year

#3,905 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,584+5.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

CLO

What it actually holds

By weight

Concentration

Top 10 holdings = 22.2% of fundwell diversified

AIMCO CLO Series 2015-A
2.7%
OHA Credit Funding 10-R Ltd
2.4%
OCP CLO 2025-40 Ltd
2.4%
Goldentree Loan Management US Clo 17 Ltd
2.3%
Invesco US CLO 2024-3 Ltd
2.2%
MidOcean Credit CLO XVI
2.2%
Neuberger Berman Loan Advisers CLO 34 Ltd
2.0%
Serenity-Peace Park Clo Ltd
2.0%
AIMCO CLO Series 2018-A
2.0%
Ares LXXV CLO Ltd
2.0%

Asset allocation

Bonds
99.8%
Cash
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.0%Low

Year-on-year price swings

Max drawdown
-3.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Bond profile

Duration

5.8 years

Avg maturity

10.0 years

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks total return, primarily through current income.
Strategy
Actively manages a portfolio primarily invested in debt tranches of Collateralized Loan Obligations (CLOs) rated between AA+ and BBB-. The Fund aims for total return by investing at least 80% of net assets in these CLOs, which may include various types of loans, while maintaining a non-diversified status.
Inception date
December 10, 2024
Fund family
Nuveen

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Data updated on 2026-08-04